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Founders at Work.pdf

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Preface<br />

It’s been more than a year since <strong>Founders</strong> <strong>at</strong> <strong>Work</strong> was first published. Wh<strong>at</strong><br />

have I learned since?<br />

The biggest surprise has been the sheer number of people interested in<br />

startups. I know about the ones who apply to Y Combin<strong>at</strong>or, read Hacker News,<br />

or <strong>at</strong>tend Startup School, but I could never be sure how many people were<br />

interested in startups beyond th<strong>at</strong> core of would-be founders. A lot, it turns out.<br />

I get emails and see blog posts about <strong>Founders</strong> <strong>at</strong> <strong>Work</strong> on an almost daily basis.<br />

Some people finally took the plunge and started a startup, some learned th<strong>at</strong> it<br />

was all right to change their idea, some were able to face a new day even though<br />

their company seemed doomed. And some just had a better understanding of<br />

the people they knew who worked <strong>at</strong> startups.<br />

I wrote in the Introduction th<strong>at</strong> my biggest hope for the book was th<strong>at</strong> it<br />

would inspire people to start their own startups, by showing how uncertain<br />

successful founders were themselves <strong>at</strong> first. And th<strong>at</strong> seems to be happening.<br />

My favorite email came from a programmer who quit his job <strong>at</strong> a big company<br />

to become the first employee <strong>at</strong> a startup. The founders had been working for a<br />

while to convince him to join the company. “I quit my job the day after I<br />

finished reading <strong>Founders</strong> <strong>at</strong> <strong>Work</strong>,” he said in an email. “Without your book, I<br />

may not have had the courage to.”<br />

As a first-time author, I was also surprised <strong>at</strong> how fast word about the book<br />

spread on the Internet. I was very fortun<strong>at</strong>e to have several famous bloggers<br />

write about the book, and each time we saw an immedi<strong>at</strong>e spike in sales. This is<br />

the proverbial “level playing field,” and this same phenomenon is wh<strong>at</strong> makes a<br />

lot of web startups possible.<br />

Since the book was published, Y Combin<strong>at</strong>or has funded a lot more startups.<br />

We’ve now funded more than 100. Has this changed my opinion about<br />

wh<strong>at</strong> makes a startup succeed? In a few details, perhaps yes. But in general, it’s<br />

only confirmed the things I’ve learned from doing these interviews. I don’t<br />

think I’d change anything about the themes I originally wrote about in the<br />

Introduction: determin<strong>at</strong>ion is the most important quality in a founder,<br />

xi

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